Legal Opinion

Moe v. Lowry

Supreme Court of Colorado

Decided January 10, 1921No. 9598Published

Action for the cancellation of corporate stock alleged to have been obtained without consideration. Judgment for plaintiffs. Error to the District Court of the City and County of Denver, Hon. Julian H. Moore, Judge.

1Opinion of the CourtJustice Denison

The defendants in error were plaintiffs below and had a decree cancelling certain stock of defendant Moe in the defendant corporation, The Molybdenum Mines Company.

The material facts are as follows: One Cohen gave defendant Moe an option on certain mining property at $3,000; Moe and plaintiffs, Lowry, Deane and Jackson went in'together to purchase the property, plaintiffs to pay half and take half and Moe to pay half and take half, but he told them the price was $6,000. At the time the deed was delivered and the money paid Moe carried out the deception *373by giving his check for $3,000 to Cohen,…

2Cases cited9 opinions

  1. Getty v. . DevlinNew York Court of Appeals · 1873
  2. Grant v. HardyWisconsin Supreme Court · 1873
  3. Reyer v. BlaisdellColorado Court of Appeals · 1914
  4. Walker v. Pike County Land Co.Court of Appeals for the Eighth Circuit · 1905
  5. Getty v. . DevlinNew York Court of Appeals · 1877

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